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Buying a Used Car? A Checklist for New Buyers

<p>Due to the increased demand for used cars price on late model used cars are a bit higher than in recent years&comma; but this just increases the importance of buying to get the best value for your money&period;<br &sol;>&NewLine;In 2012 a study by Cars&period;com stated that the average price of a used car increased by over 10&percnt; from 2010&comma; but dealers urge that used cars still offer great value&period; The best value is the lessened deprecation that used cars carry&period; Brand new cars will lose up to 30 percent of their value in the first year&period; Buy a later model used car and save the depreciation&period;<br &sol;>&NewLine;<strong>Steps to Buying a Used Car<&sol;strong><&sol;p>&NewLine;<ul>&NewLine;<li>Know what you want&period; Research on the web and test drive at different dealers&period; Keep a set budget and don’t let a dealer talk you up&period; Establish a price range&period; There are private sellers who will be more flexible than a car dealership&period; Do read car buying guides to make sure you know the true value of a vehicle&period;<&sol;li>&NewLine;<li>Get a range of financing options up front&period; If you are paying cash&comma; however&comma; don’t worry about this step&period;<&sol;li>&NewLine;<li>Be prepared to haggle&period; Inspect every single inch of the car’s frame and interior&period; Leave no stone unturned&period; Ignore the salesman if you must&period;<&sol;li>&NewLine;<li>Negotiate your price&period; You can save over 50 percent on listed cars if you know when the car came into the dealership&period; You should be able to knock at least 25 percent of the price at the first negotiation&period;<&sol;li>&NewLine;<li>Look for small things that will reveal big problems&period; Check out the doors&period; If you find that a door sticks&comma; if might mean that the car has been in an accident&period;<&sol;li>&NewLine;<li>Before deciding on a car you need to investigate the history&period; Undisclosed flood damage or a rolled back odometer can give you a price savings&period; Use Carfax that provides reports or an indication of what has gone on with the car&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p style&equals;"padding-left&colon; 60px">If you are in the UK&comma; use HPI that specializes is in checking histories of used cars&period; HPI is crucial in providing all types of car buyers the best information on all UK registered vehicles&period; Do not hesitate to insist on HPI reports to determine if the vehicle you are buying has a history&period;<&sol;p>&NewLine;<ul>&NewLine;<li>If you are buying a used car from a dealership&comma; purchase an extended warranty which is a promise made by the manufacturer to fix major problems&period; Make sure the warranty suits your needs and matches the use of the car&period; Check out certified pre-owned vehicles that have been checked over by factory licensed mechanics&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>Do your due diligence when purchasing a used car&period; Make sure you are not buying someone else’s problems&period; Do ask why they are selling the car and be wary of hesitant answers&period; There are those sellers who want a new car every year&period; This is the type of used car you want to find&excl;<br &sol;>&NewLine;If you are looking to purchase a used vehicle&comma; then the one thing you should keep firmly in your mind is this &&num;8211&semi; I really need to check my car history in order to make sure everything is fine with my purchase&period;<&sol;p>&NewLine;

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